Middle East & Africa Alkyd Resins Market to 2032
Overview
The Middle East & Africa Alkyd Resins Market is expected to reach a 328.89 USD Million by 2032 and is projected to grow at a CAGR of 5.31% from 2025 to 2032.
Revenue, 2024 (USD Million)
241.04
Forecast, 2032 (USD Million)
328.89
CAGR, 2024 - 2032
5.31%
Report Coverage
Middle East & Africa
Middle East & Africa Alkyd Resins Market 2018-2032 USD Million
Middle East & Africa Alkyd Resins Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 241.04 USD Million
- Projected Market Size (2032): 328.89 USD Million
- CAGR (2025-2032): 5.31%
Key Findings of Middle East & Africa Alkyd Resins Market
- The Middle East & Africa Alkyd Resins Market was valued at 241.04 USD Million in 2024.
- The Middle East & Africa Alkyd Resins Market is likely to grow at a CAGR of 5.31% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Fatty Acid Process in Process Segment accounted for the largest share of the market with a revenue of 137.47 USD Million
- The fastest growing segment Building & Construction in Application Segment grew Fastest with a CAGR of 5.89% during the forecast period from 2024 to 2032.
Middle East & Africa Alkyd Resins Market Scope
Middle East & Africa Alkyd Resins Market Segmentation & Scope
Formulation
- Others
- Powder Coatings
- High-Solids Alkyds
- Solvent Borne Coatings
- Waterborne Alkyds
- Modifying Alkyds
Application
- Packaging
- Coil Coatings
- Automotive Refinish Coatings
- Metal Coatings
- Furniture & Decor
- Electrical Equipment
- Automotive OEM Coatings
- Building & Construction
End Use Industry
- Others
- Marine Industry
- Aerospace Industry
- Electronics Industry
- Automotive Industry
- Construction & Architecture Industry
Resin
- Semi-Drying Alkyd Resin
- Drying Alkyd Resin
- Non-Drying Alkyd Resin
Process
- Glyceride Process
- Fatty Acid Process
Class
- Short Alkyd Resin
- Medium Alkyd Resin
- Long Alkyd Resin
Middle East & Africa Alkyd Resins Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 241.04 USD Million |
| Market Value in 2032 | 328.89 USD Million |
| CAGR (2025-2032) | 5.31% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Formulation,Application,End Use Industry,Resin,Process,Class |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 241.04 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 55.93 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Alkyd Resins Market to 2032, By Formulation
- Modifying Alkyds is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 75.37 USD Million in the year 2024.
- Modifying Alkyds is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.81 % in forecast period 2025-2032.
-
Middle East & Africa Alkyd Resins Market to 2032, By Application
- Building & Construction is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 81.35 USD Million in the year 2024.
- Building & Construction is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.89 % in forecast period 2025-2032.
-
Middle East & Africa Alkyd Resins Market to 2032, By End Use Industry
- Construction & Architecture Industry is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 110.15 USD Million in the year 2024.
- Construction & Architecture Industry is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.66 % in forecast period 2025-2032.
-
Middle East & Africa Alkyd Resins Market to 2032, By Resin
- Non-Drying Alkyd Resin is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 90.12 USD Million in the year 2024.
- Non-Drying Alkyd Resin is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.60 % in forecast period 2025-2032.
-
Middle East & Africa Alkyd Resins Market to 2032, By Process
- Fatty Acid Process is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 137.47 USD Million in the year 2024.
- Fatty Acid Process is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.52 % in forecast period 2025-2032.
-
Middle East & Africa Alkyd Resins Market to 2032, By Class
- Long Alkyd Resin is the largest segment in Middle East & Africa Alkyd Resins Market to 2032 with a revenue of 102.29 USD Million in the year 2024.
- Long Alkyd Resin is the Fastest growing segment in Middle East & Africa Alkyd Resins Market to 2032 with a Growth rate of 5.76 % in forecast period 2025-2032.
Middle East & Africa Alkyd Resins Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Covestro AG | |||
| Arkema | |||
| Allnex GMBH | |||
| Eternal Materials Co.,Ltd. | |||
Middle East & Africa Alkyd Resins Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa Alkyd Resins Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Alkyd Resins Market is segmented based on Segmentation Formulation,Application,End Use Industry,Resin,Process,Class.
Middle East & Africa Alkyd Resins Market was valued at USD 241.04(Revenue in USD Million) in 2021.
Middle East & Africa Alkyd Resins Market is projected to grow at a CAGR of 5.31% during the forecast period of 2024 to 2032.
The Fatty Acid Process segment is expected to dominate the Middle East & Africa Alkyd Resins Market, holding a largest market share of 137.47 USD Million in 2024
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Middle East & Africa Alkyd Resins Market Scope
Middle East & Africa Alkyd Resins Market Segmentation & Scope
Formulation
- Others
- Powder Coatings
- High-Solids Alkyds
- Solvent Borne Coatings
- Waterborne Alkyds
- Modifying Alkyds
Application
- Packaging
- Coil Coatings
- Automotive Refinish Coatings
- Metal Coatings
- Furniture & Decor
- Electrical Equipment
- Automotive OEM Coatings
- Building & Construction
End Use Industry
- Others
- Marine Industry
- Aerospace Industry
- Electronics Industry
- Automotive Industry
- Construction & Architecture Industry
Resin
- Semi-Drying Alkyd Resin
- Drying Alkyd Resin
- Non-Drying Alkyd Resin
Process
- Glyceride Process
- Fatty Acid Process
Class
- Short Alkyd Resin
- Medium Alkyd Resin
- Long Alkyd Resin
Frequently Asked Questions
The Middle East & Africa Alkyd Resins Market is segmented based on Segmentation Formulation,Application,End Use Industry,Resin,Process,Class.
Middle East & Africa Alkyd Resins Market was valued at USD 241.04(Revenue in USD Million) in 2021.
Middle East & Africa Alkyd Resins Market is projected to grow at a CAGR of 5.31% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Alkyd Resins Market for final year is USD 328.89 (USD Million).
Middle East & Africa Alkyd Resins Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Alkyd Resins Market is segmented based on Segmentation Formulation,Application,End Use Industry,Resin,Process,Class.
Middle East & Africa Alkyd Resins Market was valued at USD 241.04(Revenue in USD Million) in 2021.
Middle East & Africa Alkyd Resins Market is projected to grow at a CAGR of 5.31% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Alkyd Resins Market for final year is USD 328.89 (USD Million).
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